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Invoice For Purchase Of Goods Under Murabaha Issued In The Name Of The Client
What is the status of a Murabaha contract where the bank purchases the goods requested but the payment invoice received by the bank, instead of being addressed to the bank, bears the name of the client?
In a Murabaha contract, the bank purchases goods requested and sells them to the buyer. It is an integral of the contract that the bank purchases such goods, and the invoice bearing the name of the bank is the only documentary evidence the bank possesses of such purchase. Therefore, in case the invoices do not bear the name of the bank, they should be returned, and the goods should not be delivered to the client until the bank receives revised invoices bearing its name.

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